So, I am correct in saying, that the AppleTV is the only way to stream movies to your TV, using Airplay/ the iPad?!
Sounds that way. I use PlayOn "on" the PC to stream to TV. Works like a charm. Smooth, better than windows media player for sure.
+1 for playon. works great with the ps3.
Do you think Apple would ever make a newer AirPort Express that was capable of receiving and outputting video?